Self Build

For those with the financial resources available the self build option is a route to greater financial security.

As a self builder the potential profit usually taken by the developer is retained and this can provide a substantial amount of equity being embedded in the property.

Whilst many people dream of doing a self build project there are pitfalls that need to be factored in.

CAPITAL

There is a need for a capital sum to acquire the land and whilst there are mortgages available most people would be advised not to consider a self build with less than £50,000 available.

THE RIGHT SITE:

One of the biggest problems with the self build market is in finding the right site..it can be frustrating work hunting out a willing seller and then getting the next hurdle sorted…

PLANNING & DESIGN:

Whilst some people will buy a piece of land speculatively the majority will not want to buy a site until they have the right planning permission.

There are a great many self build companies who offer a design and build service and we strongly recommend contacting a few to see what houses they can provide.

WHAT JENNER DOES..

We can assist in all stages of a self build project – we can help with funding (working through a network of brokers) and we can help with design and build (Via Jenner Building) and we can help in finding a site.

SOMEWHERE TO LIVE:-

An early consideration is where to live…some people opt to move into a mobile home and live on the site – which gives security benefit. Others prefer to stay where they are ..but this means the need to be able to demonstrate that they will be able to afford the self build mortgage and the mortgage on the property they are living in